Atria convergence posts Rs 2,273-cr top line in FY23The company's net profit increased 3.5% to '353 crore amid a 6% jump in expenses to '1,826 crore. Employee benefit expenses rose 15% to '55...
04 Dec, 2023, 01.34 PM IST
Tiger Global-backed Infra.Market buys RDC Concrete for Rs 730 croreInfra.Market acquired 100% stake in RDC for Rs 730 crore ($100 million), according to people aware of the development. True North acquired ...
20 Sep, 2021, 07.59 PM IST
Partners Group buys broadband service provider ACT for Rs6750 crTrue North's investment arm Argan will exit its entire shareholding in ACT, while TA will partially divest its shareholding. Both funds tog...
14 Aug, 2021, 05.09 PM IST
Partners Group to acquire Atria Convergence for enterprise value of USD 1.2 bnSwiss private equity firm Partners Group on Saturday said it will acquire a controlling stake on behalf of its client in broadband service ...
14 Aug, 2021, 03.26 PM IST
ACT fixes bug in its Wi-Fi router settingsBroadband provider Atria Convergence Technologies (ACT) patches vulnerability after it was flagged by security researcher. Security researc...
10 Jan, 2020, 08.02 AM IST
HDFC Mutual Fund gets Sebi nod for IPOThe proposed IPO offers up to 2.54 crore equity shares through an OFS.
28 Jun, 2018, 04.36 PM IST
ACT Fibernet plans to use IPO funds to expand operationsACT has shown 39% revenue growth in 2017 and 41% revenue growth in 2016. The company had about 1.28 million internet subscribers and 0.71 m...
15 May, 2018, 12.53 PM IST
Spectranet and Excitel deny talks with ACTEarlier this week, ACT CEO Bala Malladi told ET that the company was in talks with players like Spectranet and Excitel for a possible acqui...
23 Jul, 2017, 11.40 PM IST
ACT Fibernet plans to invest Rs 1,000-1,200 crore in next two yearsHeadquartered in Bengaluru ACT Fibernet's 1 Gbps wired internet service is slated to soon be available in the 11 cities the company has pre...
30 Mar, 2017, 05.27 PM IST
Airtel unveils 'Surprises' to mark 2 mn fixed broadband featAs per the latest data from the TRAI, Airtel crossed the 2 million fixed line broadband subscriber mark in November.
06 Feb, 2017, 11.10 PM IST
Telcos penalised Rs 2,313 crore for wrong subscriber verificationAs per the data, state-run telecom firm BSNL tops the chart with a penalty of Rs 583.09 crore followed by Rs 377.51 crore on Reliance Commu...
03 Aug, 2016, 07.07 PM IST
PE deals gain traction as volumes double in July: ReportPrivate equity deals worth USD 2.1 billion were sealed in July, taking the tally to USD 9.21 billion for January-July of 2015.
30 Aug, 2015, 04.55 PM IST
US fund TA leads Rs 3,000 crore acquisition of broadband company AtriaBroadband and cable TV access provider Atria has one million subscribers across the southern states of Karnataka, Tamil Nadu, Andhra and Te...
02 Jul, 2015, 12.11 PM IST
TA Associates, India Value Fund invest $500 million in broadband service firm ACTTA Associates and India Value Fund Advisors are pumping around Rs 3,200 Atria Convergence Technologies Pvt Ltd, which provides high-speed b...
01 Jul, 2015, 09.55 PM IST
PE giant TA may buy $200m stake in AtriaPrivate equity giant TA Associates is leading with $200-million, or Rs 1,280-crore, investments in Atria Convergence Technologies.
23 Jun, 2015, 11.16 AM IST
ACT Fibernet eyeing national broadband pieACT will evaluate brownfield expansion in the Northern markets, said chief executive officer Bala Malladi at an event in Hyderabad on Monda...
16 Feb, 2015, 08.24 PM IST
- IVF closes in on cable co Atria
With the conditional access system (CAS) entering Indian homes, the Indian cable industry has become increasingly attractive for private eq...
28 Apr, 2008, 02.17 AM IST